Apple · iPhone
iPhone 16 price in South Korea
Apple Store price in South Korea for the iPhone 16, with tax, converted to pounds.
iPhone 16
US$963 · Includes 10% VAT
Price details
iPhone 16 is sold in one model in South Korea. Colour doesn't change the price: Black, Pink, Teal, Ultramarine and White cost the same.
- Apple Store price
- ₩1,290,000Includes 10% VAT
- In pounds
- £724
- Rank
- 13th cheapest of 40
Price in South Korea
In South Korean won₩1,290,000 since 11 Sept 2026, when Apple raised it from ₩1,150,000.
Questions
Is the iPhone 16 cheaper in South Korea than in the UK?
Yes. It costs ₩1,290,000, about £724, in South Korea. In the UK it costs £799, so it's £75 (9% of the price in the UK) less in South Korea.
Does the price include tax?
Yes. Apple's prices in South Korea include 10% VAT.
Where is the iPhone 16 cheapest?
The US, at about £646. South Korea is 13th cheapest of 40.
Can visitors get the tax back in South Korea?
Yes. Spend at least ₩15,000 and you can claim back some of the 10% VAT through the VAT refund for foreign tourists; how much depends on the operator's fee. We haven't confirmed that Apple Stores take part.
Has the price changed?
Yes. Apple raised the price from ₩1,150,000 to ₩1,290,000 on 11 Sept 2026.
How South Korea compares
In pounds, with tax
40 countries. Differences are against the price in South Korea; percentages are of that price. Prices for the US include our average sales tax.
Tax
Apple's prices in South Korea include 10% VAT.
Tax refund for visitors
- Scheme
- VAT refund for foreign tourists
- Minimum spend
- ₩15,000
- Refund
- Up to 10%, less fees
Paid through a refund operator, who keeps a fee. We haven't confirmed that Apple Stores take part.
iPhone 16 in other countries
Nearest in price
11India£71212New Zealand£720
Also in Asia
iPhone 16 in all 40 countries
Other Apple products in South Korea
iPhone 17from ₩1,450,000iPhone 17efrom ₩1,150,000iPhone 18 Profrom ₩1,990,000iPhone 18 Pro Maxfrom ₩2,190,000iPhone Airfrom ₩1,790,000Sources and method
Prices collected from Apple's public website for South Korea, checked 16 Oct 2026, with tax as Apple shows it. Converted at European Central Bank reference rates from 17 Oct 2026. Not affiliated with Apple. For guidance only, not tax or financial advice.
South Korea: inflation, interest rates and exchange rates
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